Payment

Subscription plan vs credits [duplicate]

Subscription plan vs credits [duplicate]
  1. What causes duplicate payments?
  2. What does a duplicate payment mean?
  3. What is a subscription payment?

What causes duplicate payments?

Duplicate payments are caused by flaws in an entity's accounts payable processes that do not detect the presence of prior payments. For example, the payables software should automatically detect a supplier invoice number for which a payment has already been made.

What does a duplicate payment mean?

An extra payment that has been already made to the service provider. Such transactions are made when the accounts payable systems that do not recognize previous payments.

What is a subscription payment?

A subscription is a way to make frequent payments to a service provider. They're often used for streaming services, payday loan repayments and gym memberships. You can set one up using your card details. The service provider takes a payment from your debit or credit card when they think it's due.

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